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Mar 14, 2013
03/13
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[laughter] first let's talk about the top story tonight, the fragile economy. economic growth is stagnated. unmyment is stub bornly high and by midnight tomorrow the spending cuts, sequester, congress and the president subjected themselves to to force them to make a deal before the sequester took effect because the effects would be so drastic and dire that it's taking effect. listen, this is bad news my brothers. you can imagine what the mood on wall street is. >> hope and optimism here on wall street. >> merger mania is back. >> the highest bubble since 2005. >> merger mania is back with a vengeance. >> jon: ah-ha! whoo! what else would it be back with? humility? no (bleep) vengeance. the merger mania. who are the lucky couples. details. >> offense depot and office max are merge. >> and higher busch and groupo modelo. >> warren buffett is buying heinz. >> jon: jiffy pop and jiffy lube. the two office companies makes sense, not so clear on why buffett and heinz are getting together. i guess it's a strategic value add the acquisition for buffett tour a terrible
[laughter] first let's talk about the top story tonight, the fragile economy. economic growth is stagnated. unmyment is stub bornly high and by midnight tomorrow the spending cuts, sequester, congress and the president subjected themselves to to force them to make a deal before the sequester took effect because the effects would be so drastic and dire that it's taking effect. listen, this is bad news my brothers. you can imagine what the mood on wall street is. >> hope and optimism here...
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Mar 21, 2013
03/13
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FBC
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i think it is a really counterproductive move that will be very damaging to the cypriot economy. melissa: absolutely. what kind of reaction have you gotten from this resolution? >> i think very positive. members on both sides of the aisle understand that our savers and investors ought to have some insurance and reassurance in this area. so i think there's a good chance we can actually get this through? melissa: congressman, thanks so much for coming on tonight. we certainly appreciate your time. >> thank you. melissa: now to alarming new developments. bankers in the european union,. e.u. is about to officially pass a new law that caps bonuses for their bankers at their salary amounts. it still needs final approval from the parliament and finance ministers but already gained firm approval from the e.u. states and part of the parliament. of course the concern is whether this law could gain traction and make the jump across the pond and hit bankers here in the u.s. that would certainly have a huge impact on industry as a whole. here to give insight is our very own charles payne. i m
i think it is a really counterproductive move that will be very damaging to the cypriot economy. melissa: absolutely. what kind of reaction have you gotten from this resolution? >> i think very positive. members on both sides of the aisle understand that our savers and investors ought to have some insurance and reassurance in this area. so i think there's a good chance we can actually get this through? melissa: congressman, thanks so much for coming on tonight. we certainly appreciate...
SFGTV2: San Francisco Government Television
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Mar 20, 2013
03/13
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SFGTV2
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the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of town that i used to spend a lot of time in when i was in my 20's -- but actually, very few locals take the time to head to the beach on broadway. our neighborhoods are coming together to say that broadway is open to the rest of the world as well as san francisco. i want to put san francisco back on the map when it comes to music. to make sure that we have the type of entertainment that we used to be renowned for. and those of you that work in our bars and clubs, i want to make sure that we are trading the kind of destinations that we look forward to spending time with you. i know on behalf of m
the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of...
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the interest rate policy is our bank theft by another name but that didn't get the economy stimulated the way they wanted it to but these steps are still there that were incurred by the banks who took all the money so now they're just going to give up all pretense of enacting a policy and they're just going to reach in and steal your money. and let's see what has happened in the u.k. which has had radical quantitative easing and we've talked often to save our savers simon rose well he's got actual he's broken down the exact number the exact pounds that have been stolen from pensioners and savers for years of savers propping up the banks and subsidizing debt save our savers has cost. later that the total cost to savers in the four years since march two thousand and nine is two hundred twenty point four billion pounds max that's on a total savings in the u.k. of one point one trillion pounds so he's to basically half of it is because of inflation and half of it is because of reduced interest on the savings account very well even the bank of england released figures six months ago they s
the interest rate policy is our bank theft by another name but that didn't get the economy stimulated the way they wanted it to but these steps are still there that were incurred by the banks who took all the money so now they're just going to give up all pretense of enacting a policy and they're just going to reach in and steal your money. and let's see what has happened in the u.k. which has had radical quantitative easing and we've talked often to save our savers simon rose well he's got...
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Mar 19, 2013
03/13
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CURRENT
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they're going to try to find ways to stimulate the economy get families back on their feet. in the long run that will help the government generate revenue. >> john: american winter director and produceer joe gantz. the film debuts tonight on hbo. thank you for coming on the program. >> i appreciate. >> john: many may have had a come to jesus moment on the debt. after all, and this kind of makes us wonder if the past three years of artificial fiscal crises triggered by the house was anything more than placating contributers. but don't expect our g.o.p. toss change their views on social insurance any time soon. republicans should soon be on record again as supporting severe cuts in programs that benefits the mill class and the poor. i'm delighted to be joined by the reverend dr. susan thistlethwaite professor of theology and former president of the chicago theological seminary. welcome. >> thank you. >> you were the author of "occupy the bible: what jesus really said and did about money and power." >> thank you. >> john: the raptured budget that was on the occupy bible website
they're going to try to find ways to stimulate the economy get families back on their feet. in the long run that will help the government generate revenue. >> john: american winter director and produceer joe gantz. the film debuts tonight on hbo. thank you for coming on the program. >> i appreciate. >> john: many may have had a come to jesus moment on the debt. after all, and this kind of makes us wonder if the past three years of artificial fiscal crises triggered by the...
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street are they one of the most responsible for an economy. yeah i mean they're not really doing this as a percentage they're not really doing their job properly until intermediation so when people are on food stamps you can point to jamie dimon and j.p. morgan by the way who's the biggest player in food stamps i don't know jamie jamie dimon j.p. morgan all right so they're not they've got a dog in that race as well not only are they defrauding the public but they're putting out food stamps and taking a cut on the breadline busy to vertically integrated fraudster. i don't work there colder on this he says he can't go after him because he's hiding under his desk right and he said they jamie might not get me a christmas card with your but i think that says everything the fact that we have institutions that control and are treated differently and we bedded that in by calling these companies different they are systemically important right the other seven thousand banks to try and earn an honest living in this country they're not important but who
street are they one of the most responsible for an economy. yeah i mean they're not really doing this as a percentage they're not really doing their job properly until intermediation so when people are on food stamps you can point to jamie dimon and j.p. morgan by the way who's the biggest player in food stamps i don't know jamie jamie dimon j.p. morgan all right so they're not they've got a dog in that race as well not only are they defrauding the public but they're putting out food stamps and...
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Mar 17, 2013
03/13
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CSPAN2
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in the economy. and if i could get in a quick advertisement, about a month from now in this same place we're going to have another book event on a book written by a friend of mine, brendan brown, entitled "the global curse of the federal reserve." so if this is interesting to you, come back for our next, our next book event. um -- [laughter] all right. let me, as we go to your questions remind you of aei rules. please wait for the microphone so we get you properly recorded and people can hear you. tell us your name and your affiliation and then ask your question. if you sneakily put a statement first in the form of a question, that's okay as long as it's brief. and if it isn't, the chair will remind you that your statement time is over. okay. questions? we have one here. up here in front. >> good afternoon. my name -- [inaudible] i have a question, and that is to mr. wallison. that has to do with it's one thing to say i told you so after the fact, and i realize that you've been writing all along and
in the economy. and if i could get in a quick advertisement, about a month from now in this same place we're going to have another book event on a book written by a friend of mine, brendan brown, entitled "the global curse of the federal reserve." so if this is interesting to you, come back for our next, our next book event. um -- [laughter] all right. let me, as we go to your questions remind you of aei rules. please wait for the microphone so we get you properly recorded and people...
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Mar 15, 2013
03/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one rean over 75% of our mutual funds beat their 10-year lipper average. twe price. inest with confidence. requesa prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ...amelia... neil and buzz: for teaching us that you can't create the future... and with that: you're history. instead of looking behind... lta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we'rmaking it. ♪ gerri: finally tonight, when in rome more in this case in atlantic city, earlier today i decided to try my luck at blackjack. take a look at this. i am in the high limit room. we are going to the -- i'm going you're going to teach me how to win. that is the whole goal, to learn how to be by has been applied jack. okay. this is what i'm doing. a $50 game. i need to put into of these. read your. ger
rowe price, we understand the connections of a complex, global economy. it's just one rean over 75% of our mutual funds beat their 10-year lipper average. twe price. inest with confidence. requesa prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ...amelia... neil and buzz: for teaching us that you can't create the future... and with that: you're history. instead of looking behind... lta is looking beyond. 80...
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Mar 15, 2013
03/13
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FBC
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ne: a stimulus to the economy. he has always been that way. it pays to focus on what bill gates and doing now, he is on a spending mission, he leaves little doubt about what he thinks of repubcan mission and their drive to cool it on the spending without thinking about results, his biggest fear, congress cutting foreign aid. the man said that foreign raid does a lot of good for the planet. to gauge the more good than bad without a doubt, that is why the guy, he was in washington today pushing hard. urging freshmen lawmakers not to give up the fight or spending on those 2 need the help -- who need the help the most, tonight. decide whether a man can or should stop congress from closing some spending doors, perhaps of all of the interviews i've done with bill gates over the years from earliest days at microsoft or before he became the power house to keeping his juggernaut going once it was a power house to going full time in charity business, this day is for me the most meaningful and consequential, not because of anything i asked of mr. gates b
ne: a stimulus to the economy. he has always been that way. it pays to focus on what bill gates and doing now, he is on a spending mission, he leaves little doubt about what he thinks of repubcan mission and their drive to cool it on the spending without thinking about results, his biggest fear, congress cutting foreign aid. the man said that foreign raid does a lot of good for the planet. to gauge the more good than bad without a doubt, that is why the guy, he was in washington today pushing...
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Mar 20, 2013
03/13
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KQED
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there is enough money to keep the economy moving forward, but these are very, very difficult days. tomorrow, the banks will be closed again, and quite possibly on friday, too. >> thank you. we are bringing you all of the latest developments from cyprus as they search for a solution there. police have searched the home of kristie in the guard. ofkhristine lasard, the head the international monetary fund. the operator of japan pose the damaged nuclear power plant in fukushima said iraq had been responsible for a loss of power this week. -- said a rat has been responsible for a loss of power this week. a dead rat was found near a switchboard. the company is investigating whether the raft was the cause. that it has killed a french national captured in mali in 2011. it claims it executed the man in retaliation for france's intervention in mali. the french foreign ministry said it is trying to verify those claims. the first test- tube baby was born in the u.k., the country could be leading the way again. this time it is a new idf procedure that creates a baby with three biological parent
there is enough money to keep the economy moving forward, but these are very, very difficult days. tomorrow, the banks will be closed again, and quite possibly on friday, too. >> thank you. we are bringing you all of the latest developments from cyprus as they search for a solution there. police have searched the home of kristie in the guard. ofkhristine lasard, the head the international monetary fund. the operator of japan pose the damaged nuclear power plant in fukushima said iraq had...
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and here's the note he had to say about i don't recall of mr president for sure is a show of russian economy. was made during his address annual address the russian parliament this year and here still stuck to this idea that we really have to make environment and russian economy more comfortable for those that got to invest their money. and to keep the money here on russian soil the biggest concern in the biggest unfairness which president putin talked about here concern small businesses private interpreters who have the money in cyprus and we're talking here at least around forty thousand people who have their money in the offshore accounts they will suffer and this is something of course which is now being seriously condemned by moscow but then of course cyprus is in a very difficult position either it risks losing the bailout funds which of course will keep the country buoyant if it goes ahead with that then of course it loses its foreign investment investment so what does it do the reason feeling that cyprus may be shooting itself in the leg in a sense that it's been living off the offsh
and here's the note he had to say about i don't recall of mr president for sure is a show of russian economy. was made during his address annual address the russian parliament this year and here still stuck to this idea that we really have to make environment and russian economy more comfortable for those that got to invest their money. and to keep the money here on russian soil the biggest concern in the biggest unfairness which president putin talked about here concern small businesses...
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find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kinds a report on r g.
find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kinds a report on r g.
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Mar 21, 2013
03/13
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FBC
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about the economy. that is not happening right now. stuart: middle america senses something is wrong, we have spent a ton of money, deeper in debt. >> the other thing they understand is you have this anomaly. the stock market is hitting record, yet the average person thinks they have money in a 401(k), that is great. but the other thing is they invest in a cd. there is nowhere to do normal savings right now because saving rates are close to zero. all this money being forced into the stock market, people are worried about how real those numbers are. stuart: you're very much in touch with the political reaction going on in the economy. but there is no political reaction to middle america about what is going on here. president obama is still relatively popular, his policies are still relatively popular. >> his handling of the economy have dropped precipitously. he is now basically dead even with the republicans handling of the economy, so i think the president should be more worried about it than he is. re
about the economy. that is not happening right now. stuart: middle america senses something is wrong, we have spent a ton of money, deeper in debt. >> the other thing they understand is you have this anomaly. the stock market is hitting record, yet the average person thinks they have money in a 401(k), that is great. but the other thing is they invest in a cd. there is nowhere to do normal savings right now because saving rates are close to zero. all this money being forced into the stock...
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Mar 16, 2013
03/13
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FBC
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the entire economy of this city is based in gaming, 33,000 people work in the industry. here atthe golden nugget atlantic city casino, they have a golden nugget. look at that. they have a hotel, cay casino, d marina in the heart of new jersey. hear from the general manager at the bottom of the hour, and i sit down with a blackjack dealer and learn for the first time how to play blackjack. i never played it in the casino before, and you'll never guess how i did. it's not just gambling, but the biggest trends in alcohol these days, bourbon, plus, tobacco, porn, reality tv, and how your smart phone is a vice. we have a sinful hour ahead capping it off with how you at home as an investor can make money on it all. first tonight, our top story. obamacare's latest surprise is a new fee to hit employers. douglas holtz-eakin, president of the and former cbo director. great to talk to you. i was shocked to hear about the fee, $63, nobody knew it was coming, $63 per employee, so for a company like boeing, that's $10 million just for the fee alone. what is it for, and why didn't we
the entire economy of this city is based in gaming, 33,000 people work in the industry. here atthe golden nugget atlantic city casino, they have a golden nugget. look at that. they have a hotel, cay casino, d marina in the heart of new jersey. hear from the general manager at the bottom of the hour, and i sit down with a blackjack dealer and learn for the first time how to play blackjack. i never played it in the casino before, and you'll never guess how i did. it's not just gambling, but the...
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Mar 16, 2013
03/13
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CNNW
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in the meantime, the economy saw its fair share of ups and downs. this chart shows gdp on a yearly basis, those years extending down were recessions. the average growth rate since world war ii is a respectable 3.25%. we'd be very happy to have that today. i spoke with the lieutenant governor of texas, david d dewhurst this week in austin. he's probably the most powerful man in texas and the most powerful lieutenant governor in the country because he writes the legislation, controls the budget and is head of the texas senate. texas has been trying to lure companies away from california and other states with the promise of lower taxes and lighter regulation, something people are calling the texas miracle. >> we're 48th out of 50 states in per capita state spending. we've kept our taxes low. we're 47th out of 50 states in per capita state taxes. over the last ten years i've cut taxes over 51 times and expect a 52nd and a 53rd this year. and we've worked real hard, had the lightest regulatory hand we possibly could. so when businesses look at texas, we
in the meantime, the economy saw its fair share of ups and downs. this chart shows gdp on a yearly basis, those years extending down were recessions. the average growth rate since world war ii is a respectable 3.25%. we'd be very happy to have that today. i spoke with the lieutenant governor of texas, david d dewhurst this week in austin. he's probably the most powerful man in texas and the most powerful lieutenant governor in the country because he writes the legislation, controls the budget...
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two pounds from interest income that would have gone in these pensioners accounts and spent in the economy so it's a form of financial suicide and there was as a result there was no growth so now they're just going to reach in and steal your money was shocking to me so there are still people in the media who are trying to rationalize this and justify this claim going to something other than just state sanctified of theft so remember saver saver says two hundred twenty point four billion pounds of one point one trillion that's almost twenty percent folks so where is that up where where are the people storming you know the prime minister all power how if interest rates are five percent in the u.k. adventurous rates are five percent of the united states the amount of money that would be circulating in the economy not sitting on corporate balance sheets like apple is projected to now one hundred seventy billion in cash in a balance sheet the next two years if interest rates are at normal rates to reflect the normal historical trends the economy would be in a growth the g.d.p. would be expandin
two pounds from interest income that would have gone in these pensioners accounts and spent in the economy so it's a form of financial suicide and there was as a result there was no growth so now they're just going to reach in and steal your money was shocking to me so there are still people in the media who are trying to rationalize this and justify this claim going to something other than just state sanctified of theft so remember saver saver says two hundred twenty point four billion pounds...
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Mar 16, 2013
03/13
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briefly, i do not have time to , 1/6to it, but health care of our economy. if the government can control that, they can control just about everything. we need to understand what is going on. there are much more economic models that can be used to give as good health care than what we have now. we were asleep at the wheel to let it happen. we have to find a way to make it work. if we have to work within the frameworks of the affordable health care act, fine. if we can find a way to defund its -- it, fine. 80% of the encounters between a patient and a health-care provider could easily be handled by a health savings accounts. with ofhe encounters the need to insinuates a third party or a bureaucracy that sucks out 1/3 of the money. we can use rich insurance and catastrophic insurance. toe of them, i do not want call them more runs, but they are similar to that. , but they are similar to that. read the book. obviously, i am thinking about those things. ofis almost laughable some the things i hear people say to criticize. they say, he is a neurosurgeon, he could
briefly, i do not have time to , 1/6to it, but health care of our economy. if the government can control that, they can control just about everything. we need to understand what is going on. there are much more economic models that can be used to give as good health care than what we have now. we were asleep at the wheel to let it happen. we have to find a way to make it work. if we have to work within the frameworks of the affordable health care act, fine. if we can find a way to defund its --...
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as the world's largest economy and economic rival ribbon. comes amid a battle for influence of nature between the two major sherman told us foreign policy is another issue that the new leadership faces now the obama administration announced a pivot to asia last year which means an increase in military spending on military military resources by the united states being focused in asia so that's very significant and china is really increasing its own military spending its developing its military they have appointed a couple of a few senior diplomats in charge of china's foreign affairs one person who's been the point person on japan for a long time another person who's very familiar in dealing with the united states so how this will affect. leadership going forward particularly in terms of these territorial disputes china's been very assertive and sometimes even bellicose over the last year when talking about these territorial disputes and they seem to really want to show their strength in terms of talking about these issues it's just increasin
as the world's largest economy and economic rival ribbon. comes amid a battle for influence of nature between the two major sherman told us foreign policy is another issue that the new leadership faces now the obama administration announced a pivot to asia last year which means an increase in military spending on military military resources by the united states being focused in asia so that's very significant and china is really increasing its own military spending its developing its military...
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Mar 19, 2013
03/13
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KBCW
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the world economy hit another speed bump today. once again they came from europe. this time in a good old fashion bank run. cbs news reporter on the tax plan that emptied out the atm's. >> there is growing anger. hundreds gathered in the streets to protest their bank accounts. they were trying to pull their money out. and that the banks will shut down at least until thursday as they are waiting for the banks to reopen. >> it is our time to draw all that money. we can't trust them anymore. yeah, it's sick. >> reporter: the secret administrators met on monday to discuss a plan. the government wants to take money from their citizens to help with the troubled financial system in the country. lawmakers are expected tvote on the package on tuesday. the proposal to take money directly from peoples accounts have never been done before. markets around the world fell up here in london, but opened up with a triple drop. >> it sort of goes with the primal fear of people that will protect their nest egg for the future. and that it will disappear. >> reporter: it is leading to t
the world economy hit another speed bump today. once again they came from europe. this time in a good old fashion bank run. cbs news reporter on the tax plan that emptied out the atm's. >> there is growing anger. hundreds gathered in the streets to protest their bank accounts. they were trying to pull their money out. and that the banks will shut down at least until thursday as they are waiting for the banks to reopen. >> it is our time to draw all that money. we can't trust them...
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Mar 13, 2013
03/13
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CSPAN2
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the fact is he read the economy. he put in place plans for capital cuts and we are investing in the country's infrastructure. >> ed miliband. >> mr. speaker, nevermind more car production. and look, and i think, things are so bad they sent out bareness over the weekend to say and i quote, she has full confidence in the prime minister. [laughter] and that he has and i quote, support from large parts of his party. [laughter] mr. speaker, mr. speaker, -- [shouting] may be he's even got a support from a large part of its cabinet. and just a week from the budget, the home secretary goes out making speeches about the economy. i think the part-time chancellor should talk to him about the budget. and then she gets told off by the children secretary who is hiding down there for jockeying for position. isn't the truth it's not just the country that has lost confidence in the chancellor and his economic plan, it's the whole cabinet? >> the weakness in his argument is that my party has yet in the support for his leadership. as l
the fact is he read the economy. he put in place plans for capital cuts and we are investing in the country's infrastructure. >> ed miliband. >> mr. speaker, nevermind more car production. and look, and i think, things are so bad they sent out bareness over the weekend to say and i quote, she has full confidence in the prime minister. [laughter] and that he has and i quote, support from large parts of his party. [laughter] mr. speaker, mr. speaker, -- [shouting] may be he's even got...
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find out what's really happening to the global economy with. the no holds barred look at the global financial headlines kaiser reports. you know sometimes you see a story and it seems so you think you understand it and then something else you hear or see some other part of it and realize that everything you. are welcome to the big picture. here most of these continues now the israeli prime minister is funny he signed a deal to form a coalition ahead of saturday's deadline but he had to make some major compromises to do it tough negotiations binyamin netanyahu kicked a longtime ally out of the bed four out of bed i should say for the sake of keeping power at any cost well let's get the details now from. some of the new appointments in the israeli government are raising a few eyebrows what kind of political changes we going to see. well as you say the new coalition agreement has been signed and this follows weeks of suspicion and mistrust between the various political parties and also turbulent coalition negotiations now there are two newcomers t
find out what's really happening to the global economy with. the no holds barred look at the global financial headlines kaiser reports. you know sometimes you see a story and it seems so you think you understand it and then something else you hear or see some other part of it and realize that everything you. are welcome to the big picture. here most of these continues now the israeli prime minister is funny he signed a deal to form a coalition ahead of saturday's deadline but he had to make...
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Mar 15, 2013
03/13
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CURRENT
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economists claim the stimulus saved the economy. sir, have we reached a point where the best deal for our country may be no deal at all? >> well, a lot of people have said this going way back, going back to when this budget control act was passed in 2011, which is the act that led to the sequestration. yeah, this is an entirely possible outcome that no deal is the best deal. i just don't see what is going to make the republicans move on tax revenues. i didn't see anything in ryan's new budget that suggested this was possible. he wants to cut taxes even further, especially for rich people, of course. the democratic proposal that was put out by patty murray makes an attempt, and i think a reasonably honest attempt to have a balanced approach, you know, 1 trillion-dollar over ten years in revenues, and 1 trillion-dollar in ten years in spending cuts. but it's not--the republicans aren't going to give that the time of day. they're not going to look at it. >> john: why isn't the president using his bully pulpit on the tax issue. they wer
economists claim the stimulus saved the economy. sir, have we reached a point where the best deal for our country may be no deal at all? >> well, a lot of people have said this going way back, going back to when this budget control act was passed in 2011, which is the act that led to the sequestration. yeah, this is an entirely possible outcome that no deal is the best deal. i just don't see what is going to make the republicans move on tax revenues. i didn't see anything in ryan's new...
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Mar 19, 2013
03/13
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FBC
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they need to think about what is good for the economy as a whole. stuart: would you eat a non-union twinkie, phil? >> you ask me a variation of that question every time i am here. stuart: you know the question. would you eat a non-union twinkie? >> first of all, i would not eat a twinkie. what i would do is i would patronize the company. stuart: you got out of that one. all right. thank you very much, phil. it is good to see you and we will bring you back soon. we will offer you a twinkie bought by me when they are back on the shelves. what is going on with chesapeake energy? the stock is moving. nicole: did you actually say you are going to buy something for somebody should mark that should be the headline right there. chesapeake being cut today to an under performer. making available $2.3 billion this move for chesapeake energy under some pressure. stuart: the situation of cyprus. it is scaring people. how confident are you in this country's banks? we have some numbers for you coming up. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles
they need to think about what is good for the economy as a whole. stuart: would you eat a non-union twinkie, phil? >> you ask me a variation of that question every time i am here. stuart: you know the question. would you eat a non-union twinkie? >> first of all, i would not eat a twinkie. what i would do is i would patronize the company. stuart: you got out of that one. all right. thank you very much, phil. it is good to see you and we will bring you back soon. we will offer you a...
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Mar 21, 2013
03/13
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CNBC
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economy. caterpillar, oracle, not just u.s. economy, but the global economy. europe is very, very weak. was going to happen in emerging markets, china, i think is questionable. so i just think there's a lot of question marks out there and the market is not pricing that in right now. >> no. that's a really good point. scott, i guess the federal reserve sees a lot of those question marks, too. they made the point that they don't want to get into a situation where they pullback too quickly because they don't want to see something that's unsustainable gains in the labor market. i guess that's the good news if anybody is waiting for anything is that the fed is still standing by. >> i think what the fed had to say is essentially bullish for everything in the world except for change. because they don't seem like they want to make any changes except for the news that mr. bernanke has now had a conversation with the president about his tenure. and it seems more likely than ever that his term will come to an end in january. unfortunately, it's going no be just about the
economy. caterpillar, oracle, not just u.s. economy, but the global economy. europe is very, very weak. was going to happen in emerging markets, china, i think is questionable. so i just think there's a lot of question marks out there and the market is not pricing that in right now. >> no. that's a really good point. scott, i guess the federal reserve sees a lot of those question marks, too. they made the point that they don't want to get into a situation where they pullback too quickly...
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and a handover of power in china is complete with the new leaders aiming to keep the economy and military investments growing that's as the u.s. continues to build its presence in the region our top story. with a look back at the week's top stories and the latest developments this is the weekly here on a hunger strike at guantanamo bay is continuing after forty days with more than one hundred detainees reportedly starving themselves in protest at the desecration of the qur'an by prison guards lawyers for the captives claim the state of health is close to life threatening but the u.s. military strongly denied the crisis saying only fourteen detainees are refusing all food. reports. u.s. president barack obama began his first term announcing his intention to close the guantanamo bay detention center now just two months into his second term the prison enters its twelfth year of operation with one hundred sixty six detainees still languishing behind bars and a reported one hundred thirty life threatening hunger strike and their hunger strikes are the only way they have of even making themselv
and a handover of power in china is complete with the new leaders aiming to keep the economy and military investments growing that's as the u.s. continues to build its presence in the region our top story. with a look back at the week's top stories and the latest developments this is the weekly here on a hunger strike at guantanamo bay is continuing after forty days with more than one hundred detainees reportedly starving themselves in protest at the desecration of the qur'an by prison guards...
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Mar 15, 2013
03/13
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KQED
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it's good to be the economy. it creates jobs. >> reporter: he said he supported the position of his predecessors in favor of a strong dollar policy on the issue of the budget, there's a big battle over sequestration. secretary lew said he thought he heard cooler heads prevailing and seemed somewhat optimistic that a deal could be reached that would end the automatic sequestration cuts. steve liesman in alpharetta, georgia. >>> meanwhile, timothy geithner will write a behind the scenes book on the financial crisis and how he and other officials debated and worked together. crown publishers commissioned the book and made the announcement today. the book is due out next year. no word on what crown is paying mr. geithner. >>> the second report card on the health of u.s. banks came out late today with mixed results. the federal reserve rejected the capital plans from bb&t bank and allied financial which was the only bank to fail the original test that came out last week. goldman sachs and jpmorgan got only conditional
it's good to be the economy. it creates jobs. >> reporter: he said he supported the position of his predecessors in favor of a strong dollar policy on the issue of the budget, there's a big battle over sequestration. secretary lew said he thought he heard cooler heads prevailing and seemed somewhat optimistic that a deal could be reached that would end the automatic sequestration cuts. steve liesman in alpharetta, georgia. >>> meanwhile, timothy geithner will write a behind the...
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Mar 18, 2013
03/13
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CNBC
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we're in a situation where the economy is improving. earnings are going to do better than people pecked. remember shs we had a lot of negativity about what was going to happen this year. we're in a situation where if the economy doesn't do better than we get more qe. if it does improve, then the economy sim proves. earnings are better. everything goes up no matter what. >> bob, goldman is not the only one who has done it. other analyst, independents and others have done the same thing. >> key thing is gdp numbers were raised. retail sales numbers were better than expected. i think john's right. they'll do that with s&p numbers, although i haven't seen a lot. the only other one is isi. they had 1668 and now at 1690. they raised it. >> this is very healthy thing. we want the s&p to be going up based on stronger earnings. not just based on financial magic. that's what seems to be happening. great. >> mayor bloomberg is good for a topic here. he's decided he's going to ban cigarette advertising in the city establishments, keep all tobacco p
we're in a situation where the economy is improving. earnings are going to do better than people pecked. remember shs we had a lot of negativity about what was going to happen this year. we're in a situation where if the economy doesn't do better than we get more qe. if it does improve, then the economy sim proves. earnings are better. everything goes up no matter what. >> bob, goldman is not the only one who has done it. other analyst, independents and others have done the same thing....
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Mar 16, 2013
03/13
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CSPAN2
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and the economy has changed since the 1930s but unions have not. unions don't see it that way. unions see them offer a product that is perfectly fine and the only problem is employees and lawyers aren't buying it. and to reverse its decline, not to design their offerings are making in members of more relevant to the twenty-first century workers but by making the difficult for employees and employers to define their services. this is what we have seen with the national labor relations board. and in less than three weeks forcing workers to decide in as little as 18 days. and allow them to form unions for their supporters, employees who do not decide to unionize to the side of their workplace will get unionized. not just at the board level. and organizing campaigns and unions are moving more and more towards direction to pressure an employer to accept union organizing rather than persuade union employees that a union is in their best interests and that is not just me saying that. that is the words of union organizers. consider the former secretary-treasurer, united food and commer
and the economy has changed since the 1930s but unions have not. unions don't see it that way. unions see them offer a product that is perfectly fine and the only problem is employees and lawyers aren't buying it. and to reverse its decline, not to design their offerings are making in members of more relevant to the twenty-first century workers but by making the difficult for employees and employers to define their services. this is what we have seen with the national labor relations board. and...
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Mar 15, 2013
03/13
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FOXNEWSW
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when i look forward i see a decrease can economy and healthcare costs going up to employers. more importantly, the did i verge enter activity in the market is government intervention. i think until we can determine that the government isn't in the market somehow forcing people to be in the market with zero interest rates, you don't have much more to go. >> neil: the market has climbed that wall of worry, will it continue? >> it seems to again. i completely agree with that. we are in an environment where the fundamentals don't add up to price activity. your p/l is based on market activity. they have to have fighter pilot to have made any money. it basically closed on the highs today. >> neil: good point. gentlemen, thank you. >> meanwhile, i got good news four. we are all going on a cruise. i got bad news. we are all going on carnival. don't laugh. a lot of angry carnival customers are not in the mood to sail but they sure in a mood to sue. carnival is very deep ship. what's droid-smart ? with google now, it automatically knows when you need to leave for the airport, how much
when i look forward i see a decrease can economy and healthcare costs going up to employers. more importantly, the did i verge enter activity in the market is government intervention. i think until we can determine that the government isn't in the market somehow forcing people to be in the market with zero interest rates, you don't have much more to go. >> neil: the market has climbed that wall of worry, will it continue? >> it seems to again. i completely agree with that. we are in...
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Mar 14, 2013
03/13
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real focus is on how do we address debt and deficit and get this economy growing and get people back to work. >> one of the things that came through in the house republican meeting was this issue of clearly a lot more distrust in that room between some of the house republicans and the president and that in many ways they were just trying to be nice to each other and that was a step. there have always seemed more potential of a working relationship between the president and senate republicans. is that a fair way of assessing the situation? >> it's my belief and the belief of other republicans in the senate that the president needs to stay engaged in congress as we work on these issues. as long as he stays working with us, a better chance to solve problems we face versus him going around the country saying it's congress' fault. congress needs to do something. he needs to work with us to come to solutions for the american people. >> do you think the politics is such that there is a grand bargain that is entitlement reforms and revenues out of tax reform, it's not clear something like th
real focus is on how do we address debt and deficit and get this economy growing and get people back to work. >> one of the things that came through in the house republican meeting was this issue of clearly a lot more distrust in that room between some of the house republicans and the president and that in many ways they were just trying to be nice to each other and that was a step. there have always seemed more potential of a working relationship between the president and senate...
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Mar 14, 2013
03/13
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CSPAN2
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we need to grow the economy, not the government. now, madam president, on an entirely different matter, more than four decades ago, millions of people watched in awe as neil armstrong took his first steps on the moon. i remember that day still, and i'm sure many of you do. it remains one of our country's proudest moments. but not every american was able to share in the excitement. as the senior senator from arizona put it, when the momentous event occurred, i had no idea it was happening. i and several hundred comrades were otherwise engaged. that's because two years earlier, on his 23rd bombing run over vietnam, a missile hit lieutenant commander mccain's plane. he ejected. his body spiraling through the air until it hit water thousands of feet below. a lake right in the center of hanoi. an angry mob set upon him. they ripped off his clothes. they hit, kicked, and spat upon him. they bayoneted his ankle and his groin. the senator was left with two broken arms and a broken leg. and he passed sort of in and out of conscienceness. but
we need to grow the economy, not the government. now, madam president, on an entirely different matter, more than four decades ago, millions of people watched in awe as neil armstrong took his first steps on the moon. i remember that day still, and i'm sure many of you do. it remains one of our country's proudest moments. but not every american was able to share in the excitement. as the senior senator from arizona put it, when the momentous event occurred, i had no idea it was happening. i and...
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Mar 15, 2013
03/13
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the economy is getting stronger. we'll be right back. up next the question will be are the young gun libertarians taking the leadership role at cpac so far? we're going to talk about that with one under 35 elected leader from florida. stay with us, cpac story very interesting. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read a
the economy is getting stronger. we'll be right back. up next the question will be are the young gun libertarians taking the leadership role at cpac so far? we're going to talk about that with one under 35 elected leader from florida. stay with us, cpac story very interesting. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because...
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Mar 13, 2013
03/13
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CNBC
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the economy is getting better. i think we have good traction in the economy right now. we'll see better economic growth than we have seen in the past. the market is reacting to some of that and not without risk from what's going to happen with monetary policy going forward and other concerns. but to run a government like this of $3.6 trillion that many depend on and look to for direction, this isn't the way to do it. we need to find a way to fix it and i'm just not optimistic that we can do that in the very near term. i think it's going to take, you know, two, four, six years to get to a point where we can clear up some of the issues that we're dealing with on tax policy and on our long-term spending priorities. >> even as those long-term issues worsen during that period of time. we'll have to leave it there. gentlemen, thank you both. great to see you both this morning. president obama will meet with a group of ceos at the white house today to discuss ways to improve cybersecurity. the president will solicit input on how the government and private sector can best work
the economy is getting better. i think we have good traction in the economy right now. we'll see better economic growth than we have seen in the past. the market is reacting to some of that and not without risk from what's going to happen with monetary policy going forward and other concerns. but to run a government like this of $3.6 trillion that many depend on and look to for direction, this isn't the way to do it. we need to find a way to fix it and i'm just not optimistic that we can do...
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Mar 15, 2013
03/13
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economy. >> we had a couple of huge risks hanging over the global economy for the last year. china had the hard landing, the euro break-up, would america fall over its fiscal cliff. none of those things happened. >> reporter: but several good things have happened including more signs today of a turnaround in the labor market. the number of people claiming initial jobless claims falling last week to a lower-than-expected 332,000. that following last friday's february employment report which showed the unemployment rate fell to its lowest level since 2008. but while the outlook on jobs is improving, inflation is putting more pressure on u.s. businesses. producer prices or the cost of businesses to manufacture goods rose again in february, climbing nearly 1.7% in just the past year. pushed higher by rising gas prices. at the same time, the u.s. dollar has shown some relative strength, up 4% in just the past two months against the other major currencies. while a stronger dollar sounds great, it can hurt american business making u.s. exports more expensive to foreign buyers. >> to
economy. >> we had a couple of huge risks hanging over the global economy for the last year. china had the hard landing, the euro break-up, would america fall over its fiscal cliff. none of those things happened. >> reporter: but several good things have happened including more signs today of a turnaround in the labor market. the number of people claiming initial jobless claims falling last week to a lower-than-expected 332,000. that following last friday's february employment...
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Mar 17, 2013
03/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and nsider carefully before investing. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. ♪ gerri: -- >> today you are surrounded by opulence which arguably simply came from hard work and a single idea. does the american dream still exist? >> i think so. and, you know, i did come from success measured by the obstacles that you have to overcome in order to achieve them. so bec
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and nsider carefully before investing. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company...
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Mar 21, 2013
03/13
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CNBC
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he said the chancellor is sucking the confidence out of the economy. the financial markets seemed e prerelaxed with what we heard yesterday. >> i think the potential markets have factored in now for very many months. the economy here in the uk is flat. it's flat lined. there's no growth. our deficit has been expected to stay high now for many months. the chancellor confirmed yesterday what we've all known for a long time. the national debt is rising year on year. the borrowing is not coming down. britain was an experiment two years ago in rapid austerity. i think the markets here know what the country here in britain knows, it's failed. >> they did come out saying business applauded measures yesterday, which i'm sure he would also applaud. 32 pounds of national insurance. that's going to help job creation, cutting corporate tax rates again. infrastructure spending, he's done that, as well. there are very business friendly measures here and it's the private sector, after all, that's going to get the growth going in this country. >> look, the small busin
he said the chancellor is sucking the confidence out of the economy. the financial markets seemed e prerelaxed with what we heard yesterday. >> i think the potential markets have factored in now for very many months. the economy here in the uk is flat. it's flat lined. there's no growth. our deficit has been expected to stay high now for many months. the chancellor confirmed yesterday what we've all known for a long time. the national debt is rising year on year. the borrowing is not...
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Mar 20, 2013
03/13
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CNBC
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but these two kind of the backbones of our economy. we have to keep our eyes and so many more of the transport stocks going forward. >> oracle now down about 7%. we'll get the updates from jon fortt later on in the show. ben bernanke, keeping the easy money and the rally for that matter going for now pushing the s&p 500 closer to an all-time high. let's get straight to the traders here. and dr. j. john najarian is also joining us here onset. we are points away from the s&p 500 hitting the all-time closing high. what's your guess on when that happens? >> if it weren't for oracle, it would have been early in the morning tomorrow. and even with oracle, i think the market still has enough gas, melissa to get past that. but to j.j.'s point and everyone on the desk, i agree there are some in the armor. not to push the market down, but to keep the fed in that tight box, that is exactly where the fed is. they're stuck, they can't get out of this now. if you were looking for an early exit, ain't happening, folks. not happening, not getting out
but these two kind of the backbones of our economy. we have to keep our eyes and so many more of the transport stocks going forward. >> oracle now down about 7%. we'll get the updates from jon fortt later on in the show. ben bernanke, keeping the easy money and the rally for that matter going for now pushing the s&p 500 closer to an all-time high. let's get straight to the traders here. and dr. j. john najarian is also joining us here onset. we are points away from the s&p 500...
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Mar 21, 2013
03/13
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CNNW
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and there's knockoff effects on the economy. so the key for trying to get a handle on this issue, learn from the mistakes as eastern europe and the united states over the last hundred years or so and begin to put a serious curb on these types of emissions because it's having a major impact on the harmony of china. >> so it's one thing to impact the health of the chinese people, but how might china pollution problems really affect the rest of the world? >> well, of course, fredricka, china has been a really important economic driver here in the global economic scale especially over the last few years of the economic slump in the west. and when you look at this unrest and the riots that are happening, when you look at the impact on health care and the cost to the chinese government, there's a very real impact on the economy of china as a whole. and that certainly impacts the rest of us as the world. from an environmental perspective too smog and particlats that originate in china can be found on the beaches of the bahama and the a
and there's knockoff effects on the economy. so the key for trying to get a handle on this issue, learn from the mistakes as eastern europe and the united states over the last hundred years or so and begin to put a serious curb on these types of emissions because it's having a major impact on the harmony of china. >> so it's one thing to impact the health of the chinese people, but how might china pollution problems really affect the rest of the world? >> well, of course, fredricka,...
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multinationals to productize economy and of course to great with hezbollah to break with iran will be lunacy and madness for political president assad's forces to use chemical weapons and so if you know we've heard that chemical weapons has been used it has to be by the rebels and if that's the case then obviously that will highlight the hypocrisy of the u.s. and the west because they said let it be a red line that chemical weapons are used but only seems to apply if president assad's forces use them the syrian army and so we've got to be consistent on these chemical weapons to use them it's wrong and the rebels are using a should be indicted for war crimes to a small clock there let's discuss the latest events in syria with r.t. contributor afshin rattansi joining someone from london even to see him so first he's been elected head of the opposition coalition in syria as we've been mentioning how will the various rebel groups react to him do you think. even the free syrian army his own spokespeople are questioning the authority of this guy who won by three votes in there is stand all
multinationals to productize economy and of course to great with hezbollah to break with iran will be lunacy and madness for political president assad's forces to use chemical weapons and so if you know we've heard that chemical weapons has been used it has to be by the rebels and if that's the case then obviously that will highlight the hypocrisy of the u.s. and the west because they said let it be a red line that chemical weapons are used but only seems to apply if president assad's forces...
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economy i still peoples money that have global do a. good thing.
economy i still peoples money that have global do a. good thing.
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Mar 14, 2013
03/13
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CNNW
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as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. how far do you want to take it? up to you. chevy cruze's six-speed transmission allows for lower shift points, offering an e.p.a.-estimated 36 mpg highway. okay, then. [ laughs ] what a test-drive. yeah. it's really more of a road trip at this point. yeah. [ male announcer ] chevy. mpg ingenuity. now get this great sign & drive lease on a 2013 chevy cruze ls for around $199 a month. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. do you guys ride? well... no. sometimes, yeah. yes. well, if you know anybody
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. how far do you want to take it? up to you. chevy cruze's six-speed transmission allows...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to kaiser report on our. choose your language. of choice make it with zero in federal court today still some . choose to use the consensus to. choose the opinions that invigorating to. choose the stories get inside the life choose the access to your office. you know sometimes you see a story and it seems so for you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything is ok you don't know i'm tom harpur welcome to the big picture. live. live. stream. her. mum will. follow her mum and. her mother just see. her. bottom and a little. the first. welcome at the cross talk we're all things are considered on peter lavelle to mind awards. saying so determination and the sanctity of sovereignty. ok richard abel think anyone denies the british news of the people living on those islands but why should it be their island the british government have always felt that it has a not ve
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to kaiser report on our. choose your language. of choice make it with zero in federal court today still some . choose to use the consensus to. choose the opinions that invigorating to. choose the stories get inside the life choose the access to your office. you know sometimes you see a story and it seems so for you think you understand it and then you...
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69
Mar 16, 2013
03/13
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FBC
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eye 69
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. vair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair cou
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most...
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margins of the shadow banking system is where the fortunes of these underlying economies are going to be determined that have absolutely nothing to do with house prices or wages or jobs or savings it has everything to do with people fighting the currency war in the shadows and we only see the best edges of the of the shooting that's going on when the occasionally you'll see a flash crash or a or a gap opening or some kind of market event but behind the scenes it's a raging is stew of of of quantitative and nightmarish currency bubbles so now that they're concerned mostly about capital crossing their borders plunging itself into their economy and them losing control of their own monetary policy and we've also seen this is switzerland which says twichell in the poorest is a safe haven it's considered safe haven lease a massive inflows of capital during the crisis and they introduce a currency pag now of course china has a currency pegged to the dollar but they say perhaps the real reason behind the amplified currency war rhetoric is that china has been pushed into a tight spot the endga
margins of the shadow banking system is where the fortunes of these underlying economies are going to be determined that have absolutely nothing to do with house prices or wages or jobs or savings it has everything to do with people fighting the currency war in the shadows and we only see the best edges of the of the shooting that's going on when the occasionally you'll see a flash crash or a or a gap opening or some kind of market event but behind the scenes it's a raging is stew of of of...